Benefits of the New Agrarian Emancipation Act to Land Owners in the PhilippinesIn July 2023, the Philippine government enacted Republic Act No. 11953, also known as the New Agrarian Emancipation Act, a landmark legislation with major implications for land ownership and real estate in the country. This move is not only transformative for over 600,00 agrarian reform beneficiaries but also shifts the landscape for investors interested in Philippine agricultural land.
A Fresh Start for Farmers and Land Markets This new law writes off a staggering PHP57.56 billion in unpaid land amortizations and related charges owed by ARBs under the Comprehensive Agrarian Reform Program. For decades, many farmers were locked in cycles of debt, unable to secure full ownership of the lands they till. With the new bill, the government effectively wipes the slate clean. For real estate investors and developers, especially those tracking rural and agricultural properties, this development is crucial. By freeing ARBs from financial obligations, it encourages more formal land ownership, documentation, and potentially more fluid transactions in the future. Key Features of the New Agrarian Act
Why This Matters to Real Estate Investors While the bill focuses on agricultural justice, its ripple effects will be felt across the Philippine property investment industry. First, improved tenure security may eventually lead to increased land consolidation or partnerships between farmer-beneficiaries and agri-entrepreneurs. This opens the door to joint ventures, long-term leases, or agricultural estate development. Second, idle agricultural land – estimated at around 1 million hectares – can now be put to productive use. Investors focused on agri-tourism, farm-to-table developments, or sustainable farming communities should be watching closely. Lastly, the legal clarity and state-backed implementation of this law can reduce risks for developers and investors who have long grappled with land disputes in rural areas. Final Thoughts The New Agrarian Emancipation Act isn’t just a win for farmers – it’s a turning point for the real estate sector, particularly in rural and agricultural land development. For Filipino investors with an eye on long-term, inclusive growth, this law signals a new era where social equity and real estate opportunity can go hand in hand. If you’re looking for a new home in Baguio or condo in Baguio City, BGC Taguig, Tagaytay, or somewhere in the metro, check out our REALS Corporation property listings for some great options!
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How to Register as a Real Estate Salesperson in the PhilippinesIf you’re thinking about starting a career in real estate, becoming a registered real estate salesperson in the Philippines is a great way to enter the property industry. Whether you’re a fresh graduate, career shifter, or someone passionate about selling homes, this step-by-step guide will help you understand how to get your real estate license through the Professional Regulation Commission. What is a Real Estate Salesperson? A real estate salesperson assists licensed real estate brokers in selling, leasing, or marketing properties. Unlike brokers, salespersons are not required to take a board exam, but they must register with the PRC and be affiliated with a licensed broker in the Philippines. According to the Real Estate Service Act of the Philippines or R.A. 9646, real estate salespersons are considered real estate service practitioners; hence, must register and comply with the requirements. Steps to Become a Real Estate Salesperson To become a PRC-accredited real estate salesperson, you need to submit a few requirements and meet the qualifications. Here are the steps on how to register as a professional real estate salesperson: 1. Meet the educational requirement. You need to have completed at least 72 units in college. A degree in real estate or related fields is not mandatory. 2. Find a licensed real estate broker. You must be affiliated with a PRC-licensed real estate broker. This broker will endorse your application to the PRC. In other words, you cannot practice on your own. 3. Prepare the required documents. You will need to submit your Transcript of Records, notarized Certificate of Affiliation with a licensed broker, completed PRC application form, NBI clearance, and two 2X2 ID photos with white background and name tag. 4. Submit your application to the PRC. Visit the nearest PRC office or check if the online PRC LERIS system is available. Submit your documents, pay the processing fee which is around PHP 450-600, and wait for your application to be processed. 5. Receive your PRC ID. Once your application is approved, you will be issued a PRC ID as a registered real estate salesperson. This ID proves you are authorized to assist in real estate transactions under your affiliated broker. Why Get Registered? Under Republic Act 9646, only those registered with the PRC can legally work as real estate salespersons. Practicing without a license is punishable by law, including fines or imprisonment. Moreover, becoming a RES in the Philippines is a rewarding first step in the real estate industry. It’s your gateway to a potential career as a broker, investor, or property consultant in the future. Join us at REALS Corporation and become a successful real estate salesperson and earn commissions! Contact us today for your questions and other related concerns. We can’t wait to meet you and welcome a new member to our growing team as a real estate brokerage company in Baguio City for 15 years now. real estate property for sale in the philippinesBenefits of Hiring a Reputable Real Estate Broker in PHThe role of a licensed real estate agent in the Philippines is vital in helping home buyers and investors find their dream property. If you haven’t thought of working with a professional broker yet, know that there are many advantages of having one. Whether you’re buying or selling a property, navigating the property market can be overwhelming, so make sure to consider the guidance of a real estate expert.
Reasons to Hire a Filipino Real Estate Agent An experienced real estate agent provides expert advice on property transactions to ensure buyers and sellers comply with legal requirements. In other words, this professional makes the process smoother and much easier for both parties. Here are the main benefits of hiring a licensed broker in the Philippines:
How to Choose a Reliable Real Estate Agent When selecting a licensed real estate agent, it’s important to find someone with experience, skills, and a good track record. Here are some tips when choosing the right agent for your property investment goals:
Final Thoughts Hiring a licensed real property agent can be a game-changer for both seasoned investors and first-time home buyers. With their expertise, knowledge of the market, and ability to navigate legal complexities, they can help you make well-informed decisions and avoid costly mistakes. Our expert real estate agents at REALS Corporation are highly trained in providing the best client services to those planning to invest in a new property or would like to sell their old homes in the Philippines. Contact us today if you have questions and other related concerns. house and lot in Baguio city for sale Dream Home or Business Startup: Setting Your Priorities StraightWhether you’re starting a family or building your dream life, deciding what you should prioritize on your financial goals list can be overwhelming. Perhaps, you are torn between buying a home or starting your own business in the Philippines. If you’re in this situation, let us give you some practical tips on what to choose so that you can secure a stable future for you and your family.
Building a Business First Some people may say that you should start a business first before buying your own property. Having a business can pave the way for financial independence and growth. If executed well, it can provide a steady income stream and the flexibility to balance work and family life. Here are some advantages of starting a business before purchasing a home:
Prioritizing Your Dream Home Owning a home offers emotional and financial benefits, providing a sense of stability and a tangible asset for your family’s future. The following are the reasons why you should invest in a house and lot in the Philippines rather than a business:
It’s important to acknowledge the risks involved in building a new business. Not all businesses succeed, and income can be unpredictable. Conduct thorough market research, develop a solid business plan, and ensure you have an emergency fund to navigate potential challenges. On the other hand, homeownership also comes with huge financial commitments, including maintenance costs and property taxes. Assess your financial readiness before making any big commitment, whether it’s starting a business or buying a modern house in PH as advertised in the REALS Corporation website. For sale property in Baguio? house and lot in Baguio city condominium in Baguio city Why It’s Important to Pay Your Property Taxes Every Year? Today, let’s explore everything about real property tax (RPT) in the Philippines and why it’s important to settle it annually. Commonly known as amilyar, real property taxes are crucial financial obligations that every property owner must consider paying on time. Local government units use this primary revenue source to fund certain infrastructure projects and community services. Now, what are the benefits of paying RPT for property owners?
Who Should Pay Real Property Tax? Before anything else, it’s important to understand who is duty-bound to pay property taxes. All Filipino property owners should pay real property tax, including individuals who own residential, agricultural, or commercial real estate. Corporations are also liable to pay real property taxes as well as religious groups, non-profit organizations, and entities unless they are exempted by certain laws. Importance of Paying Real Property Tax As part of a property owner’s responsibilities, paying RPT offers several key benefits. From legal compliance to community development, here’s why paying real property taxes is important for Filipino property owners:
It’s not just your legal obligation to pay your real property tax, but it is also your civic duty. By doing so, you are helping your community to develop essential services that the public will benefit from. More importantly, paying RPT on time will keep you from legal complications and penalties. Final Thoughts If you’re planning to sell your property in the future, make sure to keep your tax records updated by paying real property tax on time. This benefits not only your community but also you as a property owner since there are incentives and even discounts offered to regular taxpayers. Whether you’re looking for a modern house in Puerto Princesa, Palawan, or a fully furnished 3BR condo in BGC, Taguig, check out the official REALS Corporation website for our updated property listings. house for sale in Baguio Things to Do When a Sibling Refuses to Sign Extrajudicial Settlement The New Civil Code governs inheritance matters among siblings in the Philippines. Land share disputes in sibling inheritance can be complicated and require professional help. So what do you do when one sibling doesn’t want to sign the extrajudicial settlement? We’ll talk about the common scenarios in settling inherited property subdivision, legal solutions, and other alternatives to make all parties agree on the land partition.
What Is an Extrajudicial Settlement? An extrajudicial settlement is a legal process in which the heirs agree to settle the inheritance of their parents’ estate. It doesn’t go through court proceedings to subdivide the inherited property as long as there are no disputes. The extrajudicial settlement document must be signed by all heirs and be notarized, it serves as an official declaration of how the estate will be divided. Role of the Siblings in Property Division When a descendant passes away, the land is usually divided among the heirs. In the case of siblings, each child is entitled to a share of the property. However, the process is not always smooth. Disagreements may arise, especially when one sibling doesn’t agree with the proposed division and refuses to sign the extrajudicial settlement. Refusal to sign the document can delay the entire title transfer process. This can lead to legal disputes that could eventually require court intervention, causing time and financial strain on all parties involved. The good news is that there are legal solutions and alternatives to resolve this issue without going too far. How to Settle Sibling Inheritance Disagreements Legal options can be taken to settle inheritance share disputes among siblings. The first step is to attempt to resolve the disagreement through open dialogue or mediation. If this approach fails, the heirs can file a petition for judicial partition in court. This legal process involves a court proceeding where the judge determines how the property will be divided based on the applicable laws of succession. Additionally, the heirs may consider seeking the help of a lawyer who specializes in inheritance laws to understand their rights and the possible legal consequences of the refusal. Keep in mind that disputes among heirs over inheritances such as land properties can be complicated due to familial, legal, and procedural considerations. A lawyer understands the rules on partition, dispute resolution, and other legal matters on inheritance. Final Thoughts The refusal of one sibling to sign the extrajudicial settlement can create significant hurdles for the family. With proper legal guidance and open communication, families can find ways to resolve these conflicts and ensure that the inheritance process is fair and smooth for all siblings. The best action to avoid these prolonged disputes is to consult an attorney. If you’re looking for a condo in Baguio City or a residential property in Tagaytay, Bulacan, or other major cities in the Philippines, contact us today at the REALS Corporation website or Facebook page. house and lot for sale in the Philippines condo for sale in the Philippines Philippine Land Prices Continue to Increase and Reasons to Invest in Real Estate In recent years, the Philippine real estate market has experienced a significant surge, especially in the value of lot properties. This increase in land prices offers a compelling opportunity for those looking to invest in real estate. With a growing population, urbanization, and improved infrastructure, purchasing land has become an attractive and profitable venture for Filipino investors and home buyers.
Urbanization and Population Growth Urbanization is one of the primary factors contributing to the increasing value of lot properties in the country. Metro Manila, Cebu, Davao, and other key urban centers are experiencing rapid growth. As more people move to cities for job opportunities and better living conditions, the demand for land increases as well. This urban migration drives the price of land upwards, making it a lucrative investment. Moreover, the Philippine population is steadily growing, increasing the demand for residential and commercial spaces. According to the Philippine Statistics Authority, the country’s population is expected to reach over 140 million by 2040, further intensifying the need for land. This demographic shift makes property investment a wise long-term strategy, as property values will likely increase along with population growth. Infrastructure Development and Government Programs Significant government projects such as new highways, public transportation systems, and bridges have also played a crucial role in driving growth in the real estate industry. These developments make remote areas more accessible and desirable for investment. The construction of the North-South Commuter Railway Extension and the expansion of the NAIA Terminals 2 and 3 are expected to raise land values in the surrounding areas. Infrastructure improvements boost connectivity, making properties in various regions more attractive to investors. As a result, buying land near new infrastructure projects presents a unique opportunity for capital appreciation. Even the construction of the subway will open new investment opportunities for Filipinos in the real estate sector. Investment Potential in Land Properties Investing in a piece of land is often considered a safer, more stable option compared to other forms of real estate investments, such as condominiums and commercial spaces. Land does not depreciate over time and does not require the same level of maintenance. With the right location and timing, land properties can appreciate substantially, offering a high return on investment over the years. Furthermore, land in the Philippines can be used for various purposes. You can develop it into residential and commercial buildings, lease it to businesses, and even sell it later at a higher price. The flexibility of land use adds to its attractiveness as an investment. In addition, land investment provides a hedge against inflation. Final Thoughts Land tends to retain its value and often increases in worth over time. It also offers long-term wealth accumulation, especially in growing regions where land prices are rising. With the current real estate boom, now is the perfect time to tap into the growing land market and make money work for you. Check out our List A Property section if you have a property for sale in Baguio or anywhere in the Philippines. house and lot for sale in the Philippines Why Philippine Condo Prices Decline Over Time?Whether you’re building a steady source of passive income or looking for a cozy space to live in, buying a condominium unit is a smart choice. This is a solid investment that can provide ROI, but be mindful that it may depreciate over time. Before investing in a condo in Baguio City or any part in the Philippines, make sure to understand how condominiums lose value and what you can do to make it worth your money.
Condo Depreciation and Its Impact on Owners Depreciation is one of the most overlooked factors when buying a condo. Over time, condominium units lose value; this is particularly crucial to understand for first-time buyers. So, what does condo depreciation really mean and why it’s important to understand how it works? Unlike land properties that grow in value over time, buildings such as condominiums naturally degrade as years pass by. There are several factors that affect the value of condo units including current market conditions, maintenance, age, and usage. Condos are like cars, they depreciate as you use them and can never be resold in their original price. While depreciation is not necessarily bad, understanding this phenomenon can help manage one’s expectations and make better financial decisions in the future. How to Make Condo Depreciation Beneficial The depreciation rate of condominiums is slow and complex depending on the amenities, location, developer, and quality of construction. If you buy a condo in Makati City or any prime commercial district, depreciation is much slower compared to condos in remote areas. That is because there is higher constant demand in prime locations such as in NCR.
It’s also important to buy a condo from a trusted real estate developer as it will directly affect the depreciation rate of the unit. Well-maintained buildings from reputable developers often get higher values and retain property value over time. Always do your due diligence before choosing an investment to create more resilient assets. Final Thoughts Depreciation is not always a bad thing as it can also provide some positive effects on a buyer’s investment portfolio. Make sure to choose a condominium developer that offers excellent amenities and features that contribute to the overall value of the property. Consider a licensed real estate broker to help you decide which best condo in the Philippines suits your preferences and budget. |
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Meet your Real Estate Broker Partner:
Roman Joe Anoso, RN, REB
Real estate Broker PRC license number: 19887
HLURB registration number: CAR-B-05/21-029
HLURB registration number: CAR-B-05/21-029
Baguio's top real estate broker Roman joe Anoso is grateful to serve you
Roman joe Anoso is a multi-awarded real estate broker, consistent Top #1 for 8 years to date.
Being recognized by the following companies:
Sta. Lucia Land, Inc.
- Overall Nationwide Top # 1 Real estate broker year 2024
Bangko Sentral ng Pilipinas
- Real Estate Broker with the Highest sale for the year 2023
Suntrust Properties, Inc.
- Overall Nationwide Top # 1 Real estate broker year 2018
Vista Residences, Inc.
- Overall Nationwide Top # 1 Real estate broker year 2017
Goshen Land capital, inc.
- Overall Nationwide Top # 1 Real estate broker year 2011 to 2016
Being recognized by the following companies:
Sta. Lucia Land, Inc.
- Overall Nationwide Top # 1 Real estate broker year 2024
Bangko Sentral ng Pilipinas
- Real Estate Broker with the Highest sale for the year 2023
Suntrust Properties, Inc.
- Overall Nationwide Top # 1 Real estate broker year 2018
Vista Residences, Inc.
- Overall Nationwide Top # 1 Real estate broker year 2017
Goshen Land capital, inc.
- Overall Nationwide Top # 1 Real estate broker year 2011 to 2016
PRC Licensed Real estate Broker Roman Joe Anoso
office address: REALS Corporation, Barangay Dontogan, Baguio city, 2600
personal: +63917-5645-863
viber/whatsapp: +63917-5645-863
add him on facebook (CLICK HERE)
office landline: 074-442-2353 (for clearer conversation)
email: [email protected]
skype: romankat2
website: www.realestatebaguio.com
personal: +63917-5645-863
viber/whatsapp: +63917-5645-863
add him on facebook (CLICK HERE)
office landline: 074-442-2353 (for clearer conversation)
email: [email protected]
skype: romankat2
website: www.realestatebaguio.com
